Here's why PLUG jumped yesterday Plug Power (NASDAQ:PLUG) pushed to a 12% gain in Monday's trading, as alternative energy stocks including Ballard Power (NASDAQ:BLDP), Bloom Energy (NYSE:BE) and FuelCell Energy (NASDAQ:FCEL) all rallied in response to the escalating military conflict between Russia and Ukraine.
Along with solar companies, the stocks attracted investors looking for ways to prosper in the current down market, calculating that Russia's actions will induce governments to invest more in renewable energy to reduce dependence on imported fossil fuels.
https://seekingalpha.com/news/3807348-why-did-plug-power-shares-pop-today-alt-energy-names-ride-clean-fuel-wave